NOT LISTED FOR SALE

4360 E Rainbow Dr Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $602,000 - $653,000

5 Beds
4 Baths
2,640 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 4360 E Rainbow Dr, Gilbert, AZ 85297 and is currently estimated at $630,241, approximately $238 per square foot. 4360 E Rainbow Dr is a home located in Maricopa County with nearby schools including Power Ranch Elementary School, Sossaman Middle School, and Higley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
Western Si Llc
Bought by
Riggs Michael and Franzoy Jenna
Current Estimated Value
$630,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,500
Outstanding Balance
$584,882
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$45,359

Purchase Details

Closed on
Dec 5, 2024
Sold by
Thomas Shelly V and Thomas Shelreci
Bought by
Western Si Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2017
Sold by
Thomas O Valent K and Thomas Shelly V
Bought by
Thomas Shelly V and Thomas Shelreci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,450
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2003
Sold by
First American Title Insurance Co
Bought by
Thomas Ovalent K and Thomas Shelly V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Riggs Michael $637,500 Pioneer Title Agency
Western Si Llc $425,000 Pioneer Title Agency
Thomas Shelly V -- Timios Inc
Thomas Ovalent K $205,024 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riggs Michael $587,500
Previous Owner Western Si Llc $432,000
Previous Owner Thomas Shelly V $270,450
Previous Owner Thomas Ovalent K $164,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,035 $27,487 -- --
2024 $2,182 $26,178 -- --
2023 $2,182 $43,560 $8,710 $34,850
2022 $2,085 $32,050 $6,410 $25,640
2021 $2,148 $29,210 $5,840 $23,370
2020 $2,190 $28,060 $5,610 $22,450
2019 $2,121 $25,380 $5,070 $20,310
2018 $2,046 $24,180 $4,830 $19,350
2017 $1,971 $23,180 $4,630 $18,550
2016 $2,007 $22,320 $4,460 $17,860
2015 $1,750 $21,260 $4,250 $17,010
Source: Public Records

Map

Arizona Maricopa County Gilbert 85297 Power Ranch

4360 E Rainbow Dr, Gilbert, AZ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes